Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting

Sportsbooks reports second best month in history

by - Friday, May 6th, 2022 9:43

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Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting from the Virginia Lottery shows that the state’s licensed sportsbooks accepted over $469.4 million during the month of March.
March Madness pulled in over $109.4 million in wagers

The latest figures show that sports betting activity increased by 16.8% on the previous month, but still fell just short of the state’s all-time record of $485.5 million. However, March was the second highest total amount wagered in a single month since the launch of sports betting in Virginia.

Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting

The report also reveals that the total amount won by Virginia gamblers since sports betting in Virginia launched in January 2021 now sits at $4.19 billion

Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting

In related news, Virginia issued its first land-based casino license to Hard Rock Bristol. The company expects to open a temporary gaming facility as early as July 2022.

Natasha Lyndon

Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.

Virginia Sportsbooks Report Huge Month Thanks to March Madness Betting